Currently BTC is battling 2 over arching bull and bear channels. After failing to break out of the top of the bull channel (green), we're retracing, will we retest the bottom of the bear channel? We shall see fairly soon.
Entry 7700 Target 7350-7450. SL 7750 Risk reward: 3.5
Equities have leading, BTC following. And we are seeing some weak in S&P, which will likely spill over to BTC. Expecting violent move downward. Entry, 7100-7200 Target 5300-5400 Stop 7400
Currently BTC is following the broader equities market. With equities starting to show signs of a top, BTC has unsurprising also started to show signs of reversing. Looking to short 7.2k, with a target of 5.3k. Invalidation occurs at 7.4. Target 5.3k Duration - 2-3 weeks
Bearish divergences present at HTF resistance. Short the end of next move upward or a break down of 6600
The TRX bounce seems to have run out of steam and is preparing for a very strong test of lower levels. Green = take profit.
I like the chart, I like the tech and team. I think XZC has much more upside.
XZC is a small anon coin with big potential I do not think the run is over just yet. Will add at 28-29k with tight stops.
I'd set my stop somewhere in this range. The previous low was do to a panic in the market and I'd much rather be stopped out then be holding at that point.
Huge volume, top of channel. Could it break out?
XZC looking to break the pitchfork channel to the upside. $VIA founder Romaro tweeted that XZC may have "Game Changing" tech. Strong words! twitter.com
Do we have a bottom??? Long if it holds!